Wata Chemicals Limited announcements
195 Dhaka Stock Exchange announcements for Wata Chemicals Limited (WATACHEM) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (15).
- Change of AGM Time
The Company has further informed that the 39th AGM of the Company will now be held at 4:30 PM instead of earlier declared at 10:15 AM. The AGM date and other information will remain unchanged.
- Q1 Financials
(Continuation news of WATACHEM): COGS is increased 12.87% comparative with corresponding previous period. Thus net income after deduction of tax decreased by Tk. 1,57,43,270.00 which causes the significant deviation in EPS. NOCFPS comparatively increase of collection from sales and trade debtors, cash flow from net operating activities stand at Tk. 7,94,14,436.00 which causes the significant deviation in NOCFPS. (end)
The first part of this announcement is missing from the archive. - Resumption after record date
Trading of the shares of the Company will resume on 09.12.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 08.12.2021.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on December 07, 2021 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- Spot News
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 06.12.2021 to 07.12.2021. Trading of the shares of the Company will remain suspended on record date i.e., 08.12.2021.
- Qualified Opinion & Emphasis of matter
(Continuation news of WATACHEM): a company should not cease the depreciation when the assets become idle or is retired from active use unless the assets are fully depreciated. As a result, depreciation for the current year has been undercharged by Taka 6,729,166. 2. Reference to Note # 12 to the financial statements, the Company has revalued its Property, Plant and Equipment in 2008 but the amount of surplus between depreciation based on the revalued carrying amount of the assets and (cont.2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of WATACHEM): The Company also informed that during Pandemic Corona Virus (COVID- 19) crisis, Production and Sales become frustrated. As a result, Net income after deduction of Tax decreased by Tk. 2,83,66,145.00 which causes the significant deviation in EPS. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (21.11.2021) following its corporate declaration.
- Update of Information
(Continuation news of WATACHEM): with a statement with the details (Shareholders name, BO ID number, client wise shareholding position, gross dividend receivable, applicable tax rate and net dividend receivable) of their margin loan holders who holds the Company's share as on the Record Date, alone with the name of the contact person in this connection, to the Corporate Office. The concerned Brokerage Houses are also requested to provide their Bank Account name and number etc. to said email address. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on November 20, 2021 at 5:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.68 for January-March 2021 as against Tk. 2.04 for January-March 2020; EPS was Tk. 4.79 for July 2020-March 2021 as against Tk. 8.64 for July 2019-March 2020. NOCFPS was Tk. 3.42 for July 2020-March 2021 as against Tk. 2.85 for July 2019-March 2020. NAV per share was Tk. 60.24 as on March 31, 2021 and Tk. 59.02 as on June 30, 2020.
- Q3 Financials (Additional Information)
(Continuation news of WATACHEM): Magnesium Sulphate were decreased by Tk. 4,35,35,406.00, Tk. 14,16,84,000.00 and Tk. 11,01,40,000.00 respectively. But due to pandemic COVID- 19 disaster which is unavoidable and beyond their control, the Company unable to continue consistency in sales and production process. COGS thus decreased by Tk. 14,43,76,330.00. As a result, Net income after deduction of tax decreased by Tk. 5,70,35,767.00 which causes the significant deviation in EPS. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 20, 2021 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2020 to the respective shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.